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Carnegie Hall Tower reels in another tenant

Another deep-pocketed tenant has signed a lease at the Carnegie Hall Tower.

TR Winston & Company, a privately held investment banking firm, has leased 4,000 s/f on the 21st floor of the famed property to serve as its New York headquarters.

Photo by Corn Farmer/ Flickr
Photo by Corn Farmer/ Flickr

TR was presented by Kirill Azovtsev and Jim Wenk at JLL. Matt Leon, executive managing director at Newmark Grubb Knight Frank and Chip Sealy, TF Cornerstone’s director of leasing, represented Carnegie Hall Tower. Asking rents were in the $80 psf range.

The deal comes on the heels of a lease by investment advisor, 13D Management. The company took half of the building’s 41st floor at asking rents north of $105 psf last month.

And it follows the release of a coveted 8,700 s/f tower space priced north of $130 psf. Sources say the rare offering is being eyed by a variety of tenants eager to join a roster that includes captains of the financial industry, including Greystone & Company and  Kingdon Capital.

Several deals are rumored to be in the pipeline in the building’s lower follows where a number of TAMI tenants have been attracted to open plan layouts and high ceilings.

“We are starting to see more TAMI tenants in the base of the tower where we have select space in the  $60s-$70s psf,ˮ Leon told Real Estate Weekly during an interview in June.

“The base floors, with their concrete floors, high ceilings and abundant power  and HVAC appeal to TAMI tenants and their desire for open plan layouts and high density counts.

“Not surprisingly in today’s market, we are starting to see substantial velocity in the creative industries, but so far, not at the top of the tower. TAMI tenants have leased several spaces in the base and mid-rise this year.”

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